
LATEST NEWS


Retirement Industry People Moves
Industry consultant moves to SageView; NIRS positions third executive director; TRA acquires pensions administration firm; and more.
Lawmakers Ask GAO to Examine Cybersecurity of Retirement System
A letter to Gene Dodaro, Comptroller General of the U.S. Government Accountability Office (GAO), identifies 10 questions federal lawmakers would like the GAO to answer, following its examination.
Expansion of Technology Will Increase Cyber Security Threats
Among other risk areas shared in a new report by Aon are expansion of data into mobile devices and sharing of data with third-party vendors and service providers.
Bill Introduced to Help Employers Offer Student Loan Repayment Benefit
The legislation would permit employers to contribute up to $5,250 tax-free to their employees’ student loans.
INSIDE THE MAGAZINE PLANSPONSOR December 2018 – January 2019
MORE NEWS
Public Pension Plan Sponsors Struggle to Contribute Sufficiently to Plans
Employer contributions to public pensions fell below certain benchmarks for improving plan funded status, and the Society of Actuaries suggests a couple of reasons this may be so.

Investment Product and Service Launches
FTSE Russell creates index series for asset allocation strategies; Legg Mason reveals short-duration ETF; and Schwab announces additions to ETF OneSource.
LDI Strategies and Preparing DB Plans for Recessions
Speakers on a PGIM Fixed Income webcast offered practical steps pension plan sponsors can take today and over time to protect funding levels; they suggested liability-driven investing is a smart way to “get off the funded-status rollercoaster.”
Equity Compensation Increasingly Used for Financial Wellness and Retirement
Company stock plan participants surveyed by Fidelity Investments reported they have used or will use proceeds for things such as reinvesting in retirement accounts or paying bills and debt.

Ensuring a Clean Recordkeeper Conversion
A Drop Off in Volatility in January Led to Scant Trading
It was the slowest start to the year in the 20-plus years of the Alight Solutions 401(k) Index.
Comparing Not-for-Profit and For-Profit Health Care DC Plan Data
While the 2018 PLANSPONSOR DC Survey shows that, in many ways, not-for-profit health care DC plan sponsors have adopted more “best practices” for their plans than those in the for-profit segment, the for-profit plan sponsors have more confidence in participants achieving retirement income goals.
Parts of Schwab Self-Dealing ERISA Lawsuit Will Proceed
A district court in California has issued a mixed ruling in a self-dealing lawsuit filed against Schwab Retirement Plan Services and other defendants.
Country Club to Pay $30K to Settle Age Discrimination Lawsuit
The EEOC charged the club with laying off its oldest groundskeeper and telling him the club was “looking to take the staff in a younger direction.”
Survey Reveals How Employers Can Improve Wellbeing Program Outcomes
A survey of employees by Welltok finds workers want more personalized wellbeing resources and more digital experiences, among other things.
Health Shocks Drive Many to Retire Earlier Than Planned
CRR researchers find health shocks play the largest role in causing early retirements, both because people in bad initial health overestimate how long they can work and because health often worsens before the age at which they planned to retire.